“Robominers” to scope Europe for resources humans can’t reach
EU-funded project aims at improving access to raw materials in small and difficult to access mineral deposits.
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Kirkland Lake posts glowing Q2 with more ounces, less cost
Gold production in Q2 2018 was 214,593 ounces, up 31% from 164,685 ounces a year earlier.
CHART: Gold price risk index is flashing red
The last time behavioural finance indicators deviated this far was in 2011 when gold was hitting all-time highs.
Vale posts loss after surprise new dam burst charges
The Brazilian miner reported a second-quarter net loss of $133 million after a year-ago profit of $76 million.
Rouyn project continues to deliver for Iamgold, Yorbeau
Iamgold and Yorbeau Resources jointly released the results of the recent winter drilling program at the Rouyn gold project.
Turquoise Hill swings to loss on Mongolia mine woes
The company reported a loss of $736.7 million in the three months ended June 30, compared with a profit of $204 million a year earlier.
QMX releases maiden resource for Bonnefond
The deposit contains an indicated resource of 4.8 million tonnes averaging 1.69 g/t gold for 258,700 oz. of gold.
Samarco poised to reclaim mining license lost after accident
The venture, jointly owned by Vale and BHP, has already reached an agreement with the regulator and could get formal permission to operate as soon as mid-September.
Caterpillar upgrades drive systems for 7495 and 7495 HF
The new design slashes maintenance time and enhances safety.